DEVELOPMENT INCENTIVE AND OPERATING COVENANT AGREEMENT BY AND BETWEEN THE CITY OF REDLANDS AND HATFIELD BUICK GMC.Development Incentive and Operating Covenant Agreement • September 27th, 2012 • California
Contract Type FiledSeptember 27th, 2012 JurisdictionThis Development Incentive and Operating Covenant Agreement (“Agreement”) is made and entered into on this 2nd day of October, 2012 (“Effective Date”), by and between the City of Redlands a California municipal corporation (the "City") and Hatfield Buick GMC, a California corporation ("Hatfield"). The City and Hatfield are sometimes individually referred to herein as a “Party” and, together, as the “Parties.” The City and Hatfield enter into this Agreement with reference to the following facts (“Recitals”).